Kraken acquires TradeStation Crypto for U.S. expansion and additional regulatory licensing.
Kraken, a U.S. cryptocurrency exchange, acquires TradeStation Crypto, expanding its regulatory licensing in the U.S. TradeStation Crypto holds money transmitter licenses in 47 states, Washington D.C., and Puerto Rico. The acquisition aligns with Kraken's broader expansion strategy and helps them expand in the U.S., despite both companies facing SEC regulatory issues. Kraken remains committed to working with regulators and investing in compliance.
April 19, 2024
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